Question: Question 3 1 Identify the assertion auditors should be most concerned about when they are auditing a putic company tring to maximize profit. FIXED ASSETS

Question 31
Identify the assertion auditors should be most concerned about when they are auditing a putic company tring to
maximize profit. FIXED ASSETS The auditor walks around the warehouse floor and sees a new pirece of equipment. the
auditor then looks in the general ledger to see if it got recorded.
Existence/Occurrence.
Completeness.
Presentation and disclosure.
Valuation.
Question 31 Identify the assertion auditors should be most concerned about

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